Earlier this month, the Federal Home Loan Bank of Des Moines (FHLB Des Moines or the Bank) expanded its Supplier Diversity Program by providing their suppliers access to bid on open contracting opportunities through their online portal which is managed by their supplier management partner and provider SupplierGATEWAY
“The Bank is excited to take this step in enhancing our Supplier Diversity Program with SupplierGATEWAY by our side. Including diverse suppliers in our sourcing process has always been a critical and important component of our program,” said Heather Hooks, vice president/diversity manager, FHLB Des Moines. “Now with a more efficient, cost-effective and transparent bidding platform in place we can connect with a broader network of suppliers.”
By centralizing and streamlining the bidding and vendor management process through its online supplier portal, the Bank can provide its staff with access to a vast network of suppliers. They can also view how many suppliers match a specific opportunity based on their designated diverse business classification.
In order to gain access to a list of open contracting opportunities, interested suppliers must register for the Bank’s Supplier Diversity Program. Once registered, suppliers can access their online company profile, view and respond to open bids and upload relevant documents and files for any of the Bank’s open opportunities. All registered suppliers will receive notifications of new contracting opportunities through SupplierGATEWAY’s mobile application, website or automated emails.
“This new bidding platform serves to enhance our program,” said Nancy Betz, senior vice president/chief human resources, administrative and OMWI officer, FHLB Des Moines. “Suppliers now have direct access to FHLB Des Moines open bids and can reach out to us directly when a sourcing need arises.”
Suppliers can register online for the Bank’s Supplier Diversity Program at https://fhlbdm.suppliergateway.com/. To help suppliers navigate the registration and bidding process, the Bank has posted two guides online: our Vendor Registration Guide and Vendor Bidding Guide. Questions regarding the registration process or the online bidding process can be directed to the Bank’s Supplier Diversity team at 515-412-2300, by emailing SupplierDiversity@fhlbdm.com or visiting the Bank’s public website.
About FHLB Des Moines
The Bank is a member-owned cooperative that provides funding solutions and liquidity to members to support mortgage lending, economic development and affordable housing in the communities they serve. The Bank is wholly owned by more than 1,340 members, including commercial banks, savings institutions, credit unions, insurance companies, and community development financial institutions, and receives no taxpayer funding. The Bank serves Alaska, Hawaii, Idaho, Iowa, Minnesota, Missouri, Montana, North Dakota, Oregon, South Dakota, Utah, Washington, Wyoming, and the U.S. Pacific territories of American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. The Bank is one of eleven regional banks that make up the Federal Home Loan Bank System.